Alcatel CEO says Qualcomm deal may lead to others
PARIS (Reuters) - Alcatel Lucent's (ALUA.PA) joint venture with Qualcomm (QCOM.O) could be the first of several deals aimed at boosting the French telecom-equipment maker's footprint in fast-growing technologies, Alcatel's chief executive said on Tuesday.
Michel Combes added that, as with the Qualcomm deal, other partners - roughly three to five - could end up taking small stakes in Alcatel.
"We obviously intend to do the same with a few other names in the industry in the coming quarters in due course," he said. "All those partners together might represent 5 pct of our capital structure."
(Reporting By Christian Plumb; Editing by Lionel Laurent)
- Divided, Scots prepare to vote on fate of the United Kingdom |
- IPhone emerges from 'bygone era', reviewers hail bigger handset
- Fed renews zero rate pledge, but hints at steeper rate hike path |
- Boeing, SpaceX win contracts to build 'space taxis' for NASA
- Islamic State campaign tests Obama's commitment to Mideast allies